The April 2024 Bitcoin halving triggered significant shifts in the mining landscape, impacting profitability and energy usage. While miners faced higher production costs following the event, a price […]
Bitdeer Q1 Revenue Plummets Over 40%, Shifting Focus to HPC
Bitdeer Technologies Group saw a significant decline in revenue for the first quarter of 2025, dropping by more than 40% compared to the same period last year. The […]
Bitfarms Sees Margins Shrunk Despite Revenue Surge from Bitcoin Halving
Despite a significant 33% increase in Q1 revenue for Bitfarms, the company faced declining mining margins due to rising production costs following the April 2024 Bitcoin halving. This […]
Bitfarms Suffers Wider Quarterly Loss, Driven by Shrinking Derivatives Gains
Bitfarms’ Q1 loss widened to $35.9 million, attributed largely to a decline in financial income and a decrease in derivative gains. Financial income plummeted to $2.1 million compared […]
CBI and Blockware Partner on $10 Million Bitcoin Mining Venture
Crypto Blockchain Industries (CBI) and mining infrastructure provider Blockware have entered a strategic partnership to mine Bitcoin and acquire the cryptocurrency at a discounted rate. The agreement will […]
Trump-Backed Bitcoin Company Set to Go Public: American Bitcoin Merger Details Revealed
American Bitcoin Corp., a Bitcoin mining company backed by Eric Trump, announced it will go public through a merger with Gryphon Digital Mining, an existing Nasdaq-listed company. The […]
American Bitcoin to Merge with Gryphon for Public Listing, Aiming for Largest Mining Entity
American Bitcoin Corp announced a merger with Gryphon Digital Mining, planning to list on the Nasdaq under the symbol “ABTC” in Q3 2025. The merger aims to establish […]
Trump-Linked Miner American Bitcoin to Go Public via Gryphon Merger
American Bitcoin, a bitcoin mining firm with ties to former US President Donald Trump, is set to become publicly listed through a merger with crypto mining company Gryphon […]
Bhutan’s Bitcoin Mining: A Green Energy Approach to Decentralized Finance
Bhutan, a Himalayan nation renowned for its breathtaking landscapes and unique cultural traditions, has made a bold move into the world of Bitcoin mining. Since 2019, the country […]
TeraWulf Suffers Massive Q1 Loss of $61 Million Amidst Bitcoin Halving and Tariff Pressures
Crypto mining company TeraWulf has reported a staggering $61.4 million loss for the first quarter of 2025, more than six times its losses from the same period in […]
TeraWulf Reports Wider Q1 Loss, Driven by Revenue Decline
TeraWulf Inc.’s first-quarter 2025 loss widened to $61.4 million, accompanied by a significant decline in revenues to $34.4 million. This is attributed to rising operational costs under challenging […]
MARA Stock Soars 9% After Cost-Cutting Moves
Despite missing earnings estimates for the first quarter, MARA, a prominent Bitcoin mining company, saw its stock price surge on Friday, May 9th. This upward movement is attributed […]
Bitcoin Mining Firms Face Losses Despite Revenue Growth
Despite achieving notable revenue gains in Q1 2025, Bitcoin mining firms Marathon Digital Holdings and CleanSpark reported losses. This raises questions about the long-term sustainability of these companies […]
Bitcoin Mining Giants Report Record Q1 2025 Earnings: Increased Revenue, Significant Losses
Two major Bitcoin mining companies, MARA and CleanSpark, have released their first-quarter earnings reports for 2025. The results show significant revenue increases despite substantial net losses. Both companies […]
Core Scientific Reports Record Q1 Profit Amidst Revenue Drop, Focuses on AI & HPC
Nasdaq-listed Bitcoin miner Core Scientific saw a significant boost in profits during the first quarter of 2025, generating $580 million in net income. However, despite this positive outcome, […]